crosscompany
Cross-company refers to activities, processes, or data exchanges that span two or more legal entities. It encompasses collaboration, coordination, and joint work across organizational boundaries, including partnerships, joint ventures, supply chains, and industry consortia. The term is commonly used in business, information technology, and data governance to describe arrangements that involve multiple companies.
In practice, cross-company efforts may involve coordinating production schedules, sharing inventory information, or jointly developing products
Governance for cross-company activities typically includes data sharing agreements, confidentiality and IP considerations, liability and warranty
Key challenges include aligning business processes and IT systems, reconciling data formats, ensuring security, and maintaining
Benefits can include improved efficiency and resilience, reduced operational costs, faster time-to-market, broader access to markets
Examples of cross-company activity include supplier networks that synchronize orders and shipments, co-developed products with joint
Related concepts include cross-organizational collaboration, B2B integration, data sharing agreements, open innovation, and inter-organizational governance.